As you may have heard, the Copyright Royalty Board approved a new royalty rate structure on Friday that will likely put most Internet radio stations out of business. They basically rubber-stamped the proposal put forth by SoundExchange (the digital music fee collection body created by the RIAA).The outrageous rates are so high, that even mid to large size stations would have an impossible time paying them. I’m not sure how long I will keep The Guitar Channel stream running in light of these new developments. There’s no way I will even attempt to pay these new fees. And I certainly don’t want to put myself in an actionable position by just coasting along and hoping no one notices. I think the days of The Guitar Channel stream are numbered folks. This website itself isn’t going anywhere, but I may have to shut down the stream. I’ll keep you updated. Meanwhile, here are some links with more info on the CRB ruling, and what you can do to make your voice heard.
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